Chicago | Reuters – U.S. soybean and corn futures fell on Thursday on seasonal pressure as the harvest expanded in the heart of the Midwest and the dollar firmed, making U.S. grains less competitive globally, analysts said. Uncertainty about biofuel demand weighed on soyoil futures as well. Chicago Board of Trade November soybeans SX25 settled […] Read more
Chicago | Reuters – Chicago Mercantile Exchange live and feeder cattle futures rose on Thursday on a tight cattle supply, though industry experts expressed doubt over consumer demand for beef as concerns grew over the U.S. economic outlook. CME December live cattle LCZ25 ended 1.475 cents higher to 234.15 cents per pound. October feeder cattle […] Read more
The majority of Canadians are in favour of lowering tariffs on Chinese electric vehicles if it would help improve market access for Canadian canola according to new data from the Angus Reid Institute.
China has called on its top hog producers to “take the lead” in cutting output, state-run Shanghai Securities News reported on Thursday, as the country battles a supply glut and sluggish consumer demand in its massive pork sector.
The Trump administration is drawing up plans to use tariff revenue to fund a program to support U.S. farmers, the Financial Times reported on Thursday, citing agriculture secretary Brooke Rollins.
Brazilian meatpacker JBS is prepared for a likely shift in the country’s cattle cycle that could lead to reduced availability of animals for slaughter next year. Brazil’s beef exports to the U.S. are expected to drop further.